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U.S. Bancorp (NYSE:USB)
Pretax Income
$7,810 Mil (TTM As of Jun. 2014)

Pretax income is the income that a company earns before paying income taxes. U.S. Bancorp's pretax income for the three months ended in Jun. 2014 was $2,056 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2014 was $7,810 Mil. U.S. Bancorp's pretax margin was 40.05%.

During the past 13 years, U.S. Bancorp's highest Pretax Margin was 50.51%. The lowest was 15.98%. And the median was 39.31%.


Definition

This is the income that a company earns before paying income taxes.

U.S. Bancorp's Pretax Income for the fiscal year that ended in Dec. 2013 is calculated as

Pretax Income=Operating Income+Other
=7764+0
=7,764

U.S. Bancorp's Pretax Income for the quarter that ended in Jun. 2014 is calculated as

Pretax Income=Operating Income+Other
=2056+0
=2,056

U.S. Bancorp Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2014 was 1972 (Sep. 2013 ) + 1874 (Dec. 2013 ) + 1908 (Mar. 2014 ) + 2056 (Jun. 2014 ) = $7,810 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

U.S. Bancorp's Pretax Margin for the quarter that ended in Jun. 2014 is calculated as

Pretax Margin=Pretax Income/Revenue
=2056/5133
=40.05%

During the past 13 years, U.S. Bancorp's highest Pretax Margin was 50.51%. The lowest was 15.98%. And the median was 39.31%.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

U.S. Bancorp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Pretax Income 6,1776,5716,8636,2074,0992,6324,2006,6297,7267,764

U.S. Bancorp Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Pretax Income 1,8321,9422,0251,9271,9451,9731,9721,8741,9082,056
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